Lydia Challen and Edward Jones, Partner and Senior Associate respectively in Allen & Overy LLP's tax group, continue our series on financing in the current climate
Lydia Challen and Edward Jones Partner and Senior Associate respectively in Allen & Overy LLP's tax group continue our series on financing in the current climate
Things don't always go to plan. Once the debt finance has been raised what can be done if it becomes unaffordable? As fears of recession gather ground it seems inevitable that many companies — whether or not in the financial sector — will be feeling squeezed. Cash flows are tight especially for companies that took advantage of easy access to credit on the assumption that they could refinance when those obligations fell due. They may not be able...
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Lydia Challen and Edward Jones, Partner and Senior Associate respectively in Allen & Overy LLP's tax group, continue our series on financing in the current climate
Lydia Challen and Edward Jones Partner and Senior Associate respectively in Allen & Overy LLP's tax group continue our series on financing in the current climate
Things don't always go to plan. Once the debt finance has been raised what can be done if it becomes unaffordable? As fears of recession gather ground it seems inevitable that many companies — whether or not in the financial sector — will be feeling squeezed. Cash flows are tight especially for companies that took advantage of easy access to credit on the assumption that they could refinance when those obligations fell due. They may not be able...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
